Mandai food factory site for sale at $90 mil
In addition, the roof has been designed to control rainwater runoff and help preserve the environment. Finally, the Tengah Plantation Close EC has been designed to reduce the risk of water pollution. The building has an extensive water control system, which includes a rainwater harvesting system and a wastewater treatment plant. This system helps to reduce the amount of water that is wasted and it helps to clean and pump the water for use in the building. All in all, Tengah Plantation Close EC is designed with sustainability, efficiency, and safety in mind.
The tender for the sale of a freehold development site for a food factory at 2C Mandai Estate in Singapore is now open, with an indicative price of $90 million. The site has a land area of 50,630 sq ft, and comes with a Business 2 zoning and a gross plot ratio of 2.5. This translates to a potential gross floor area of 126,575 sq. ft. and a land rate of $738 psf per plot ratio, including land betterment charges estimated at $3.4 million.
In addition, the site is conveniently located only a few minutes’ drive away from the Woodlands Checkpoint, allowing for the quick delivery of resources and logistics from Malaysia. As such, it is likely to attract considerable interest from both small to mid-sized developers and end users in the food manufacturing industry.
Senior director of capital markets at Cushman & Wakefield Christina Sim explains that there is currently a robust and fast-expanding market demand for food factories that offer essential amenities. Interested parties are invited to submit their bid for the sale of the site before 3pm on Oct 10.
This represents a great opportunity to own a property in the Mandai Industrial Estate Food Zone, which is one of the few limited freehold sites up for sale in the region. With a great location and the potential to generate high returns, this is a chance to secure a strategic investment.